Regression Trend BB

Updated
Regression trend under Bollinger band base line suggesting a bullish channel if broken down, a sell signal
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bullishness continues inside channel extend it, possible target 1.18615, initial resistance 1816, next 1838, then 18615
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1838 support held, after it was broken as resistance, next resistance 18500/ 1875/ 19/ 1925/ 1950 / 1975 with a retest of previous at each resistance. I expect a retrace to 1.18 if price hits 1.20
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Price retraced to 175x after hitting 19600, next target up would be 1.21600 with resistance forming every 25pips 1.18/1.1825/1.1850/1.1875/1.19..etc first support 1.1792/1.1775/1.17500/1.1725/1.17 a long with sl below 1.1775 is my preferred position for this week.. good luck
regression-trend-channelSupport and Resistance

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